Kshitij Polyline Limited IPO Review

Kshitij Polyline Limited is engaged in the business of manufacturing, marketing, and sourcing of plastic sheets, folders, i-cards, and files. It is Mumbai based company. Here, the entire detail of the company has given here along with Kshitij Polyline Limited IPO Review. Let’s start with the issue detail of the company before the Kshitij Polyline Limited IPO Review.

Products of the company :

Binding Materials –

This company provides various types of Binding Materials. Binding materials is one of the manufacturing products. These are available as per the different needs of targeted customers.

Lamination Materials –

Kshitij Polyline Limited is committed to bringing forth a quality range of Lamination Materials. This company offered range includes, New Spiral Binding Machine, LC Corner Cutter and Motorized Spiral Binding Machine besides many other that are extensively demanded in the market.

Badge Clip Fitting –

This company offering a broad variety of Badge Clip for their esteemed clients. The offered range of this company including Binding Materials, Lamination Materials, and OHP Sheets which are manufactured and designed with high-grade materials under expert guidance.

Industrial Plastic Sheets –

Kshitij Polyline Limited is engaged in offering a wide range of Industrial Plastic Sheets. Its cutting-edge technology in the high-grade raw material.

Double Loop Metal Wiro –

This is one of the Vital products from this company’s complete product range. Double Loop Metal Wiro is one the most demanded product from their complete product range in all over Indian market.

Neck Lanyards –

This company has successfully established an eminent manufacturer and exporter of a wide range of Neck Lanyards. These products include Binding Materials, Lamination Materials and OHP Sheets meeting with the laid guidelines of the organization.

Plastic Card Holders –

Plastic Card Holder is the product which is manufactured by clients requirement. This company provides a various design of Card Holder is attached with any Neck lanyards.

Plastic Files and Folders –

This company is deemed as a very reputed organization with longtime experience in the concerned domain. Kshitij Polyline Limited is engaged in bringing forth for valued clients an authentic array of Plastic Files and Folders. Their products are largely demanded and appreciated for their attractive look, high efficiency, and optimum functionality.

Binding Machine –

This company provides the various kinds of products such as Binding Machine. The company provides some of the other products which are related to their manufacturing products.

Company Financials :

Kshitij Polyline Limited IPO Review :

In order to step into the Kshitij Polyline Limited IPO Review, we must go through the financial statement of the company. The past five years financial record has been attached here. As the company is a newly developed company, the growth level is gradually rising. The last financial year 2017-18 profit after tax (PAT) stands at 10.62 lakhs which is much more higher than the previous years. Before concluding the review, let’s focus on the DHRP of the company, draft red herring prospectus. The prospectus contains all the fundamental details of the company. Basic and Diluted Earnings Per Share or EPS is at 1.18 as per the fiscal year 2016-17. The company’s price to earnings ratio (P/E Ratio) based on basic and diluted EPS FY17 is at 29.66. Return on Net Worth of the company is 6.8% in the year 2017. NAV/Share stands at 13.7 in the last fiscal year. The quantity of the available data is quite high in comparison to the previous years’ record. Therefore, a question of doubt may arise on that. It is advisable to check the accuracy of the data twice before making any investment. Otherwise, apply at your own risk. However, Kshitij Polyline Limited IPO Review holds a NEUTRAL review.

Ankita has done her Diploma Engineering in Computer Science & Technology. She is pursuing her degree in Engineering and also well experienced in the equity market and real estate related content writing. She is the one who has developed the technical indicators section of our site.